AdaptHealth (AHCO) FCF Margin (2019 - 2026)
AdaptHealth's FCF Margin came in at -2.83% for Q2 2026, down 13.99 percentage points from 11.16% a year earlier but up 0.52 percentage points from the prior quarter.
Powered by 
Analysis
AdaptHealth (AHCO) FCF Margin (2019 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, AdaptHealth reported FCF Margin of 3.03%, down 4.44 percentage points year-over-year; for FY2025, it was 6.76%, down 0.47 percentage points from FY2024.
- FCF Margin carries a five-year change of -7.99 percentage points (FY2020 to FY2025).
- Going back by year, FCF Margin was 7.23% in FY2024 (+2.76 pp), 4.47% in FY2023 (+5.07 pp), -0.59% in FY2022 (-3.54 pp) and 2.95% in FY2021 (-11.81 pp).
- The five-year range for quarterly FCF Margin is -5.89% (Q4 2022) to 14.48% (Q2 2024).
- Year-over-year, FCF Margin increased in four of the last eight quarters, with an average year-over-year change of -1.09 percentage points.
- The fastest year-over-year change in FCF Margin over five years came in Q2 2024 (a gain of 14.01 percentage points), and the weakest in Q2 2026 (a drop of 13.99 percentage points).
- Business Quant data shows AHCO's FCF Margin at -3.35% (Q1 2026), 9.37% (Q4 2025) and 8.15% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 93.06 Bn | 92.50 Bn | - | 5.46% |
| 2 | Natera | 59.36 Bn | 55.04 Bn | 485.19 Mn | -1.15% |
| 3 | Quest Diagnostics | 25.72 Bn | 24.15 Bn | 1.03 Bn | 15.08% |
| 4 | Labcorp Holdings | 24.93 Bn | 22.69 Bn | 1.11 Bn | 8.41% |
| 5 | Guardant Health | 23.83 Bn | 19.89 Bn | 219.03 Mn | -20.76% |
| 6 | Tenet Healthcare | 20.58 Bn | 11.72 Bn | - | 7.41% |
| 7 | Tempus AI | 14.35 Bn | 11.38 Bn | 246.50 Mn | -3.57% |
| 8 | Encompass Health | 11.99 Bn | 12.46 Bn | - | 3.90% |
| 9 | BrightSpring Health Services | 11.21 Bn | 9.55 Bn | 492.75 Mn | 0.38% |
| 10 | AdaptHealth | 768.76 Mn | 498.80 Mn | 104.21 Mn | -2.83% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -2.83% |
| Mar 31, 2026 | -3.35% |
| Dec 31, 2025 | 9.37% |
| Sep 30, 2025 | 8.15% |
| Jun 30, 2025 | 11.16% |
| Mar 31, 2025 | -0.01% |
| Dec 31, 2024 | 8.53% |
| Sep 30, 2024 | 10.53% |
| Jun 30, 2024 | 14.48% |
| Mar 31, 2024 | -4.90% |
| Dec 31, 2023 | 7.76% |
| Sep 30, 2023 | 2.70% |
| Jun 30, 2023 | 0.47% |
| Mar 31, 2023 | 6.87% |
| Dec 31, 2022 | -5.89% |
| Sep 30, 2022 | 1.70% |
| Jun 30, 2022 | 3.61% |
| Mar 31, 2022 | -1.52% |
| Dec 31, 2021 | 5.31% |
| Sep 30, 2021 | -5.08% |
API Access
AdaptHealth FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=AHCO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "AHCO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=AHCO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();